News

The cost of buying in the South Downs National Park.

The cost of buying in the South Downs National Park is second only to the New Forest in The Telegraph’s recent survey of average house prices in the UK’s top national parks. A South Downs home will cost on average £392k, compared with £451k in the New Forest and £475k in London, according to latest Land Registry figures. Not only are house prices in the South Downs National Park competing with London house price levels, but are also significantly higher than the West Sussex county average.

The article also highlights the higher prices in Areas of Outstanding Natural Beauty. There are 46 areas of natural beauty in Britain, compared with 13 national parks, which tend to be larger and have tighter planning restrictions. Buyers are attracted to properties in both AONBs and National Parks, because they know that the beautiful views they aspire to, are unlikely to be ruined by future development.

Chichester Harbour is one the few remaining undeveloped coastal areas in Southern England. Perfect sailing waters combined with sandy beaches and uninterrupted views of the Solent, The South Downs and the Isle of Wight, make it a popular second home destination for those looking to escape London life at weekends.

Restrictions on building in the national parks and the AONB creates a permanent lack of supply. This common problem combined with an increase in demand for country properties makes the search process even more competitive for those house buyers searching for their perfect countryside idyll.

For expert advice on buying homes in the South Downs National Park or the Chichester Harbour AONB, please call Jennie Hancock on 01243 531133 or email her at info@propertyacquisitions.co.uk

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http://www.telegraph.co.uk/finance/autumn-statement/11268807/Autumn-Stat...

Residential Property Focus

Residential Property Focus

Residential Property Focus